APAA Members in the News - May 2025
Our members are closing out a jam-packed May, filled with art fairs, events, auctions and more. As an organization based in expertise, experience and ethics, our advisor members consistently serve as insightful voices in press, and this season was no exception.
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Art Abounds in New York This May Amid Market Uncertainty
May 1, 2025
Quoted member: Megan Fox Kelly
The Park Avenue Armory, which will host TEFAF New York from May 9 to 13. Clark Hodgin for The New York Times
Frieze Forecast: Will Jeff Koons’s Hulks Smash a ‘Cautious’ Market?
May 2, 2025
Quoted member: Megan Fox Kelly
Jeff Koons, Hulk (Tubas), 2004-2018. © Jeff Koons, Incredible Hulk ™, and © Marvel. All rights reserved. Photo: Ela Bialkowska, OKNOstudio. Courtesy Palazzo Strozzi and Gagosian.
New York Fairs Return to One Jam-Packed Week, Amid Major Market Shifts
May 7, 2025
Quoted member: Candace Worth
The sun rises behind the Empire State Building on May 2, 2025, as seen from Hoboken, New Jersey. Getty Images
Marquee May auctions in New York come at a volatile moment
May 8, 2025
Quoted members: Alex Glauber, Courtney Pettit
Piet Mondrian’s Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue (detail) is part of the $200m Riggio collection being offered by Christie’s. Courtesy Christie’s
Buzz in New York’s art trade during Frieze week masks uncertainties
May 9, 2025
Quoted members: Liz Parks, Alex Glauber
Shanghai’s Linseed Gallery, showing works by Travis MacDonald at Independent, was hit by customs delays. Steven Molina Contreras
Christie’s Brings in $489 M. from Two Evening Sales in New York, Led by Mondrian Painting at $47.6 M.
At Phillips’s $52 M. Sale, Breakout Moments from Female Artists Soften a Stark Drop from Last Year
Marlene Dumas’s $13.6m semi-nude breaks auction record for a living female artist
May 14, 2025
Quoted member: Wendy Cromwell
Auctioneer Yu-ge Wang sells Marlene Dumas's Miss January (1997) at Christie's in New York on 14 May, setting a new secondary-market record work a work by a living woman artistCourtesy Christie's
Anatomy of a $70 Million Auction Flop
May 14, 2025
Quoted member: Alex Glauber
Alberto Giacometti’s Grande tête mince (Grande tête de Diego) (detail) failed to sell at Sotheby’s Tuesday evening, despite an estimate over $70 million. Succession Alberto Giacometti/Artists Rights Society (ARS), NY; via Sotheby's
Blue-Chip Artists Help Sotheby’s Three-Pronged Finale to a Solid $186.1 M. Total
New York Sales Miss the Mark as Top Works and Young Artists Fall to Lower Levels
May 21, 2025
Quoted members: Elizabeth Fiore, Mary Hoeveler, Andrea Hazen, Erica Samuels
Olga de Amaral, Imagen perdida 27, 1996. Courtesy Phillips.
